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ETH’s rebound early this morning is clearly weaker than Bitcoin, indicating sector rotation among the mainstreams. So today, ETH might hold up a bit better, because it follows BTC and moves slightly slower.
2350 could have served as a support level for a southbound rebound, but it missed by a little early on. So, it’s better to wait patiently. Currently, the 1-hour KDJ has already formed a death cross, and the pullback is expected to go below 2280. $ETH